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Business / Mon, 08 Jul 2024 Moneycontrol

Gainers & Losers: Stocks that moved the most on July 8

The indices were dragged down by metal and bank stocks, while FMCG stocks garnered significant investor interest, making the FMCG index the top gainer of the day. 4/11 Adani Wilmar | CMP: Rs 339.30 | Shares rose over 4 percent after the Adani Group firm shared its business updates for the first quarter (Q1FY25). 6/11 Swan Energy | CMP: Rs 692.60 | Shares surged 5 percent after 1.22 million shares changed hands in a significant block deal on July 8, Bloomberg data showed. 8/11 Dabur | CMP: Rs 624.30 | Shares rose over 4 percent after the company shared a positive business update for the April-June quarter. 10/11 Marico | CMP: Rs 640.05 | Shares surged over 6 percent after the company posted healthy business updates for the April-June quarter, with demand trends continuing the growth path.

1/11 After a volatile trading session on July 8, the Nifty and Sensex closed flat, recovering most of their morning losses. The indices were dragged down by metal and bank stocks, while FMCG stocks garnered significant investor interest, making the FMCG index the top gainer of the day.

At close, the Sensex was down 36.22 points or 0.05 percent at 79,960 and the Nifty 50 was down 3.30 points or 0.01 percent at 24,320. About 1,572 shares advanced, 1,990 shares declined, and 91 shares were unchanged.

2/11 PC Jeweller | CMP: Rs 56.16 | Shares were locked in 10 percent upper circuit after the company informed stock exchanges on July 7 that it has received approval from Punjab National Bank (PNB) for its One Time Settlement (OTS) proposal.

3/11 Ajmera Realty | CMP: Rs 748 | Shares were sharply higher by 8 percent earlier in the day, after the company posted strong sequential growth in operational numbers, and the management talked about a '5x growth strategy' and sounded upbeat about the project pipeline with estimated Gross Development Value of about Rs 4,300 crore.

4/11 Adani Wilmar | CMP: Rs 339.30 | Shares rose over 4 percent after the Adani Group firm shared its business updates for the first quarter (Q1FY25).

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5/11 Titan | CMP: Rs 3,160.45 | Shares fell nearly 4 percent as the stock was downgraded by JPMorgan to 'neutral' from 'overweight' rating earlier after the Tata group company shared its June quarter business update.

6/11 Swan Energy | CMP: Rs 692.60 | Shares surged 5 percent after 1.22 million shares changed hands in a significant block deal on July 8, Bloomberg data showed.

7/11 Railway | Stocks including RVNL, Ircon International, IRFC surged up to 15 percent on the back on strong buying interest, after Railway Minister Ashwini Vaishnav said last week that plans are in the works for 2,500 new general passenger coaches and 10,000 additional coaches.

8/11 Dabur | CMP: Rs 624.30 | Shares rose over 4 percent after the company shared a positive business update for the April-June quarter. The company anticipates mid to high single-digit growth in consolidated revenue for Q1FY25.

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9/11 Bank of Baroda | CMP: Rs 263 | Shares fell 4 percent dragged by the lender's weakest deposit and advances growth in 12 quarters. On top of that, the lender's deposit and advances also dropped on a sequential basis.

10/11 Marico | CMP: Rs 640.05 | Shares surged over 6 percent after the company posted healthy business updates for the April-June quarter, with demand trends continuing the growth path.

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